Major Deals in Borsa Istanbul: New Business Agreements for the Week of February 16-20

Companies listed on Borsa Istanbul announced significant new business contracts worth millions of dollars during the week of February 16-20, spanning the industrial, defense, and technology sectors.

Major Deals in Borsa Istanbul: New Business Agreements for the Week of February 16-20

Major Collaborations in Industry and Energy Bülbüloğlu Vinç Sanayi ve Ticaret A.Ş.
(BVSAN) signed a large-scale production contract with Astor Enerji.
The company will manufacture and deliver 86 overhead cranes for Astor Enerji's Phase 3 Power Transformers and Mechanical Factory.
The project, valued at 10,500,000 Euros excluding VAT, is scheduled for completion in the third quarter of 2026.
Meka Global (MEKAG) reported new orders in both domestic and international markets.
A subsidiary of the company received an order for a crushing and screening plant worth 758,600 Euros from a foreign firm, while also securing an agreement for two concrete plants domestically.
Critical Signatures in Defense and Information Technology Altınay Savunma (ALTNY) announced a new contract aimed at increasing domestic production capacity in the defense industry.
The company reached an agreement with a domestic customer for the production of critical components for tactical-level land vehicles, valued at 10,149,200 Euros excluding VAT.
On the technology side, Forte Bilgi İletişim (FORTE) reached an agreement with an energy distribution firm for the procurement of server systems and infrastructure hardware.
The contract value was announced as 850,000 USD (approximately 37,158,685 TL) excluding VAT.
Additionally, Odine Solutions announced the signing of a new project agreement worth 576,665.79 USD.
Future Projections in the Metal Sector Mega Metal (MEGAP) shared details of new orders supporting its production capacity.
The latest order received by the company is projected to contribute approximately 8 million dollars to its 2026 revenue.
These moves by companies traded on Borsa Istanbul formed the basis of commercial activity in the markets on a weekly basis.

Sources

Loading...